Social Protection Fund’s revenues increased more than by 2%

11:43 - 12.07.2021

July 12, Fineko/abc.az. The revenues of the State Social Protection Fund (SSPF) under the Ministry of Labor & Social Protection of Azerbaijan amounted to AZN 2.614 bn for the past six months of 2021.

ABC.AZ was informed at the Ministry that Fund’s revenues increased by 2.21% (AZN 57 million) compared with the same period of last year.

At the same time, in the structure of SSPF’s income for the reporting period, receipts from mandatory state social insurance contributions increased by 7.88% or AZN 134.12 million up to AZN 1.836 bn.

The annual revenue forecast on budget organizations was fulfilled by 104.54% and on the extra-budgetary sector by 114.42%.

 

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